About sipMARGS
sipMARGS is a Consumer company based in East Stroudsburg (United States) founded in 2019 by Joey Angelo and Wyatt Carder. It operates as a margarita drinks are produced by sipMARGS in the United States. sipMARGS has raised $8 million across 3 funding rounds from investors including Palm Tree Crew and The Lab. sipMARGS offers products and services including STAY SALTY CLASSIC, STAY COOL COCONUT, STAY SPICY SPICY, STAY SWEET SWEET, and STAY SMOKIN MEZCAL. Its focus areas include Food and Agriculture, Alcoholic Beverage Products, Ready-to-Drink Alcoholic Beverages and Internet First Brand. Its competitors include Ohza, FLYERS, Ethyl Ambrosia, Twisp Southern Hard Seltzer and Columbus Craft Cocktail Tour and 4 more; 3 of its 9 listed competitors have raised funding.
Company details
sipMARGS was founded in 2019 by co-founders Joey Angelo and Wyatt Carder. The company is headquartered in East Stroudsburg, United States, and operates within the alcoholic beverage sector. Focus is placed on the production of margarita drinks, with distribution handled through the companys domain, sipmargs.com. Core activities involve manufacturing and supply chain management for these beverages, targeting regional and national markets in the U.S.
- Headquarters East Stroudsburg, United States
- Founders Joey Angelo, Wyatt Carder
- SectorsConsumer
- Email••••••••
- Website sipmargs.com
- Social X Instagram
- Total Equity Funding$8M (USD)
in 3 rounds
- Latest Funding Round$3M (USD), Seed
Mar 2025
- InvestorsPalm Tree Crew
& 1 more
Products & Services of sipMARGS
sipMARGS offers a comprehensive portfolio of products and services, including STAY SALTY CLASSIC, STAY COOL COCONUT, STAY SPICY SPICY, STAY SWEET SWEET, and STAY SMOKIN MEZCAL.
Canned classic margarita for straightforward flavor enjoyment.
Coconut-flavored canned margarita for refreshing consumption.
Spicy-flavored canned margarita for bold taste experiences.
Sweet-flavored canned margarita for simple indulgence.
Mezcal-flavored canned margarita for smoky flavor options.
Funding Insights of sipMARGS
sipMARGS has successfully raised a total of $8M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $3 million completed in March 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $8M
- Total Rounds 3
- Last Round Seed — $3M
- First Round $3M
(May 2022)
- Investors Count 2
All 3 funding rounds of sipMARGS with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2025 | $3M | Seed | – | Palm Tree Crew | – |
| Dec 2023 | $2M | Seed | – | The Lab | – |
| May 2022 | $3M | Seed | – | – |
2 investors in total: 2 institutional.
Investors in sipMARGS
sipMARGS has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Palm Tree Crew and The Lab.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Record label company | 2016 | palmtreecrew.com | New York, United States | |
Investment in nascent brands is facilitated by The Lab. | 2021 | labcapitaladvisors.com | New York, United States |
Investor details for sipMARGS
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People of sipMARGS
5 people are tracked at sipMARGS (4 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Joey Angelo | Co-Founder | Leadership |
Wyatt Carder | Co-Founder | Leadership |
Jim Rudy | Chief Sales Officer (cso) | Leadership |
Justin Nabozna | CEO | Leadership |
Alyssa Pate | Florida Market Manager | Team |
Complete people profiles for sipMARGS
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Timeline of sipMARGS
3 dated milestones of sipMARGS across 6 years, from founding to its latest funding, stage changes and deals.
- Founded sipMARGS is founded.
- Funding First funding round of $3.0M.
- Funding Latest funding round, Seed, of $3.0M.
Competitors of sipMARGS
sipMARGS has 9 listed competitors in our database, 3 of them funded. They include Ohza, FLYERS, Ethyl Ambrosia, Twisp Southern Hard Seltzer and Columbus Craft Cocktail Tour, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| drinkohza.com | 2019 | Cambridge, United States | $4M | – | Alcoholic cocktail kits are sold online by Ohza. | |
| drinkflyers.com | 2021 | Brooklyn, United States | – | – | Ready-to-drink alcoholic beverages are offered by an internet-first brand. | |
| ethylambrosia.com | 2017 | Austin, United States | $450,000 | – | Internet first brand of alcoholic vegan gels | |
| twispseltzer.com | 2019 | Asheville, United States | – | – | Brand of hard seltzer | |
| columbuscraftcocktailtour.com | 2024 | Columbus, United States | – | 1 | Guided tours exploring craft cocktail bars with mixology lessons and tastings in Columbus. | |
| perfectpour.co | 2009 | United States | – | – | Ready-to-drink cocktails in various flavors are offered online. | |
| sipspiritedbrands.com | 2022 | Lake Forest, United States | – | – | Offers premium ready-to-drink alcoholic cocktails in various flavors online. | |
| fable.co | 2019 | Palo Alto, United States | $28.8M | – | App-based platform offering multiple stories for reading | |
| drinksundaze.com | 2020 | Huntington Beach, United States | – | – | SunDaze is a brand specializing in high-quality juice products. |
Detailed competitors of sipMARGS
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Web traffic of sipMARGS
The website of sipMARGS (sipmargs.com) receives about 5.1K visits a month.
- Monthly visits5.1K
▼ 25.7% vs previous month
Top companies in Alcoholic & Tobacco Products
10 companies that operate in the same segment as sipMARGS (Alcoholic & Tobacco Products), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Brand of craft beer and brewery chain operator | 2007 | Ellon, Aberdeenshire, United Kingdom | USD 440.93 M | USD 313.06 M | 1,122 | |
Wines, spirits, and champagnes are produced and distributed worldwide. | 1975 | Paris, France | – | USD 10.71 B | 19,560 | |
Flavored craft beers are produced and distributed by Bira 91. | 2015 | Delhi, Delhi, India | USD 456.92 M | USD 105.75 M | 1,020 | |
Brand of beer | 2017 | Milford, United States | USD 251.44 M | – | – | |
Beer and cider brands are produced and marketed worldwide. | 1864 | Amsterdam, Netherlands | – | USD 26.58 B | 86,000 | |
Multi-category alcoholic beverage company | 1886 | London, England, United Kingdom | – | USD 19.36 B | 29,630 | |
Beer production, marketing, and sales are managed globally. | 2008 | Brussels, Brussels-capital Region, Belgium | – | USD 103.65 M | 2,054 | |
Brand of multi-category alcoholic spirits | 2017 | Delhi, Delhi, India | USD 9.83 M | USD 3.99 M | 54 | |
Premium beers, ciders, and non-alcoholic drinks are produced and distributed. | 1847 | Copenhagen, Denmark | – | USD 14.02 B | 32,100 | |
Beer brands are produced and distributed by Ambev in Brazil. | 1999 | Sao Paulo, Brazil | – | USD 16.11 B | 43,000 |
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Related news about Sipmargs
Complete news archive for sipMARGS
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Frequently Asked Questions about sipMARGS
sipMARGS was founded in 2019 and raised its 1st funding round 3 years after it was founded.
sipMARGS is headquartered in East Stroudsburg, United States. It is registered at East Stroudsburg, Pennsylvania, United States.
sipMARGS is a funded company, having raised a total of $8M across 3 funding rounds to date. The company's 1st funding round was a Seed of $3M, raised on May 2022.
sipMARGS was founded in 2019 by co-founders Joey Angelo and Wyatt Carder. The company is headquartered in East Stroudsburg, United States, and operates within the alcoholic beverage sector. Focus is placed on the production of margarita drinks, with distribution handled through the companys domain, sipmargs.com. Core activities involve manufacturing and supply chain management for these beverages, targeting regional and national markets in the U.S.
sipMARGS's top competitors include Fable, Ohza and Ethyl Ambrosia.
sipMARGS offers STAY SALTY CLASSIC, STAY COOL COCONUT, STAY SPICY SPICY, STAY SWEET SWEET, and STAY SMOKIN MEZCAL.
sipMARGS has 2 investors. Key investors include Palm Tree Crew, and The Lab.